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DEADLINE EXCLUSIVE: Paramount Pictures has closed its deal to acquire Our Name Is Adam, the T.S. Nowlin script that will have Tom Cruise play an astronaut who travels back in time and works with his younger self. I reported that Paramount would step up and not waste the first crack it had on the material through its first look deal with Mary Parentâ€™s Disruption. The studio stepped up after it secured Skydance Productions as its partner on the film. There was buzz on the project when it looked like other studios would get a shot at the material, but that pretty much ended when Paramount entered into an exclusive negotiation last Wednesday.

This gives Paramount and Skydance yet another project with Cruise. The parties already have the Mission: Impossible franchise, the upcoming Christopher McQuarrie-directed Jack Reacher, and the sequel to Top Gun.

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